InterviewSolution
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InterviewSolution
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Assertion (A) – Value added approach is the difference between the value of final output and inputs at each stage of production.Reasoning (R) – To avoid double counting value added approach is used.(i) Both (A) and (R) are true and (R) is the correct explanation of (A). (ii) Both (A) and (R) are true but (R) is not the correct explanation of (A). (iii) (A) is true but (R) is false. (iv) (A) and (R) both are false. |
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Answer» (i) Both (A) and (R) are true and (R) is the correct explanation of (A). |
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